Fellowship School of Creative Arts Inc

Analysis

Fellowship School of Creative Arts Inc is a registered charity in United States, based in Brentwood, TN. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Fellowship School of Creative Arts Inc reported income of $483k and spending of $562k, spending 116% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $542k to $483k (-11%), an average of -11% a year. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fellowship School of Creative Arts Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within TN. Charities of a similar size with the same main cause include Musical Offering ($483k), Body Wisdom Inc ($483k) and Westchester County Historical Society ($483k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $52k (9.2% of expenses). Other salaries and wages came to $193k. At year end it held assets of $244k against liabilities of $0, net assets of $244k. It reported 25 employees.